The pair Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 444 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 452.8 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
There is also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 456.9 |
| 2nd High | 454.3 |
| Next High | 452.8 |
| Current Price | 449.300000000 |
| Next Low | 444 |
| 2nd Low | 442.6 |
| 3rd Low | 440.4 |
452.8 – 452 – 454.3 – 444 – 442.6 – 442.7 —
449.200000000 – 453.100000000 —
53.432868135342 – 59.369530282375 —
– —
452.8 – 1773158400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – – –